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Hurricane Insurance Claims
by: T.Going
Hurricane Insurance Claims
Many homeowners along the Gulf Coast have
spent decades making saving up and making mortgage payments on their homes. Unfortunately,
hurricanes Rita and Katrina have wreaked havoc on the area and most of the homes
in the area are either damaged or destroyed. Most of these homeowners are now
learning that their insurance claims are being rejected by their insurance companies - some
for unjust reasons.
As insurance companies such as State Farm, Nationwide and Allstate are attempt
to send out personnel to hurricane affected areas, the expertise of some adjusters
have come into question. So far there have been hundreds of reports of inexperienced
adjusters who have been too quick to reject claims. This is causing unnecessary
agony for homeowners who now are faced with an uncertain future.
Many homeowners have insurance policies that
do not cover flooding damages, but do cover wind damages. Because of Katrina & Rita
many properties have now undergone both flood and wind damage. The legal concept
behind flood versus wind damage is very complex and requires the analysis of
legal professionals. For instance Mississippi has a lawsuit filed against insurance
companies that argue that the distinction between flood and wind damage are very
ambiguous in homeowners' policies. Because of the complicated legal action involved,
the flood versus wind debate will be lengthy and difficult to prove.
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About The Author
T.Going
To learn more about Allstate hurricane claims, Nationwide insurance claims
and State Farm Katrina claims, please visit our website at http://www.resource4rejectedclaims.com.
This article may be freely reprinted as long this resource box is included and
all links stay in tact and active as hyperlinks.
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This article was posted on November 07, 2005 |